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Panama is located on the narrow and low Isthmus of Panama. This S-shaped isthmus is situated between 7° and 10° north latitude and 77° and 83° west longitude. Panama encompasses approximately 75,417 km 2 (29,119 sq mi). It is 772 km (480 mi) long, and between 60 and 177 kilometers (37 and 110 miles) wide.
Isthmus of Panama. The Isthmus of Panama (Spanish: Istmo de Panamá) [1] is the narrow strip of land that lies between the Caribbean Sea and the Pacific Ocean, linking North and South America. It contains the country of Panama and the Panama Canal. Like many isthmuses, it is a location of great geopolitical and strategic importance.
Panama, [ a ] officially the Republic of Panama, [ b ] is a country in Latin America at the southern end of Central America, bordering South America. It is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. Its capital and largest city is Panama City, whose ...
The MLS was created by the Panama Association of Brokers and Real Estate Developers (ACOBIR) in existence since 1973. [108] Mortgages. Panama banks offer a real estate mortgage to its citizens and foreigners. Foreigners will pay a higher interest rate and can obtain up to 75% financing and can qualify if they have good credit.
Panama City, [4] also known as Panama (or Panamá in Spanish), is the capital and largest city of Panama. [5][6] It has a total population of 1,086,990, [1][7] with over 2,100,000 in its urban area. The city is located at the Pacific entrance of the Panama Canal, in the province of Panama. The city is the political and administrative center of ...
History of the Panama Canal. Appearance. Miraflores Locks in 2004. The idea of the Panama Canal dates back to 1513, when the Spanish conquistador Vasco Núñez de Balboa first crossed the Isthmus of Panama. This narrow land bridge between North and South America was a fine location to dig a water passage between the Atlantic and Pacific Oceans.
In 1501, Rodrigo de Bastidas was the first European to explore the Isthmus of Panama sailing along the eastern coast. A year later Christopher Columbus on his fourth voyage, sailing south and eastward from upper Central America, explored Bocas del Toro, Veragua, the Chagres River and Portobelo (Beautiful Port) which he named.
between North America and South America (dividing the Americas): at some point on the Isthmus of Panama, with the most common demarcation in atlases and other sources following the Darién Mountains watershed along the Colombia–Panama border where the isthmus meets the South American continent (see Darién Gap).